Three Megatrends that will Affect Everybody’s Business

Three Megatrends that will Affect Everybody’s Business

Dominique V. Turpin, the Nestlé Professor at IMD, highlights three megatrends that will greatly influence businesses: changing demography, explosion in technology, and leadership challenges. Demographic shifts, such as aging populations and migration, bring new business opportunities in healthcare and infrastructure innovation. Technological advancements, including the Internet of Things and 3-D printing, will revolutionize how products are made, and digital disruption will displace current industry incumbents. Leaders face increasing V.U.C.A. environments, where transparency and scrutiny affect decision-making. Companies that invest in innovation and customer insights will succeed amidst these trends.